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Grown Alchemist CEO Steps Down, Is Launching Wellness Brand
Yahoo Finance· 2026-03-24 13:57
Core Insights - Anna Teal, the CEO of Grown Alchemist, is stepping down to launch her own wellness brand, AFIMA, after three years in her role [1] - Grown Alchemist is reported to be in a strong position following a recent ownership transition [2] - The majority stake of Grown Alchemist was sold for 28 million euros, with Teal becoming a minority shareholder [3] Company Developments - Teal reflects positively on her time at Grown Alchemist, highlighting the brand's unique perspective on biotech and clinically proven skincare [1] - The company has undergone a significant ownership change, with the sale of its majority stake to André Hoffman, a former executive of L'Occitane Group [3] Future Plans - Teal's new venture, AFIMA, will focus on modern wellness and is still in its early stages [4] - In addition to launching AFIMA, Teal will serve as a growth advisor for founders, operators, and investors [4] - Teal is also writing a Substack titled "Beautiful Hustle," which covers topics related to beauty, wellness, and business [4]